HomeMy WebLinkAbout2005-9-7023ORDINANCE NO. 2005-9-7023
AN ORDINANCE ACCEPTING THE PROPOSAL OF MORGAN
KEEGAN AS FINANCIAL ADVISOR FOR THE POLICE AND FIRE FIGHTERS'
PENSION FUND AND AUTHORIZING THE MAYOR TO EXECUTE ALL
DOCUMENTS RELATING TO SAME
BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. That the City of Paducah accepts the proposal of Morgan
Keegan as the Financial Advisor for the Police and Fire Fighters' Pension Fund unfunded
liability bond in the amount of $25,000 (the $25,000 includes the cost of Bond Counsel),
and authorizing the Mayor to execute all documents relating to same.
SECTION 2. This expenditure shall be charged to bond proceeds.
SECTION 3. This ordinance shall be read on two separate days and will
become effective upon summary publication pursuant to KRS Chapter 424.
AT
TEST:
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Tammara
S. Brock, City Clerk
Introduced by the Board of Commissioners, September 13, 2005
Adopted by the Board of Commissioners, September 27, 2005
Recorded by Tammara S. Brock, City Clerk, September 27, 2005
Published by The Paducah Sun, October 4, 2005
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